20 Eagle Bay Terrace, Paynesville, VIC 3880 sold on 12 June 2025 | OnTheHouse
SOLD
Sold on 12 Jun 2025 for $980,000

20 Eagle Bay Terrace
Paynesville VIC 3880

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
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Property Details for 20 Eagle Bay Tce, Paynesville

20 Eagle Bay Tce, Paynesville is a 3 bedroom, 2 bathroom House with 2 parking spaces. While the property is not currently for sale or for rent, it was last sold in June 2025. There are other 3 bedroom House sold in Paynesville in the last 12 months.

Building Type
House
Local Government
East Gippsland
Lot/Plan
46/PS524610

Last Listing description (April 2025)

STUNNING CUSTOM BUILT HOME WITH EXPANSIVE VIEWS OVER LAKE KING

Welcome to this beautifully crafted modern home, offering luxury, space, and comfort. With 3 generously sized bedrooms, 2 bathrooms, and 2 spacious living areas, this home is designed to impress. Enjoy breath-taking panoramic views of Lake King and the surrounding mountains with every room larger than average, providing a sense of grandeur and relaxation.

The expansive floor plan includes a welcoming entry foyer and a wide, inviting hallway plus high ceilings throughout, enhance the open, airy feel. The main bedroom features a beautifully crafted walk-in robe, a bright and airy double vanity ensuite with stone benches . the front of the home. Two additional bedrooms, with sliding mirrored door robes and ample storage are complemented by a walk-in, three-walled linen cupboard for all your organizational needs. A second living area is ideal for children, guests or as a very large study/home office. More storage is found in the very functional laundry which has a set of benches and underneath cupboards on either side and access to the rear yard.

The heart of the home is an open-plan kitchen, complete with stone benchtops and a butler's pantry. A large island breakfast bar separates the kitchen from the expansive dining and living areas. A cozy wood fire in the living room is perfect for those cooler evenings and is complemented by ducted zoned heating throughout the home. The family area opens onto a full length undercover entertaining deck, ideal for hosting family and friends while soaking in the stunning views.

A double car garage has 2 sections of built-in shelving and a sink for added functionality. The landscaped backyard, complete with raised vegetable gardens, wood storage, and a fire pit, creates the perfect outdoor retreat. Under house storage is a surprise bonus and there is wide side access which is perfect for your boat and/or caravan storage

Built with care and still under builders warranty, this home offers not just luxury, but peace of mind. Whether youre relaxing on the deck or entertaining in the spacious living areas, this home truly captures the essence of modern, carefree family living.

Dont miss your chance to own this fabulous property! Call Wendy now on 0467 032 010

Property Code: 318

Property History for 20 Eagle Bay Tce, Paynesville, VIC 3880

A timeline of how this property has performed in the market
Last Sold
$980,000
12 Jun 2025
  • 27 Sep 2024
    Listed for Sale $998,000
  • 22 Mar 2024
    Listed for Sale $1,100,000
  • 01 Nov 2023
    Listed for Sale $1,150,000
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About Paynesville 3880

The size of Paynesville is approximately 7.0 square kilometres. It has 8 parks covering nearly 3.7% of total area. The population of Paynesville in 2016 was 3480 people. By 2021 the population was 3636 showing a population growth of 4.5% in the area during that time. The predominant age group in Paynesville is 70-79 years. Households in Paynesville are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Paynesville work in a professional occupation.In 2021, 76.30% of the homes in Paynesville were owner-occupied compared with 71.50% in 2016.

Paynesville has 3,337 properties. Over the last 5 years, Houses in Paynesville have seen a 35.81% increase in median value, while Units have seen a 47.32% increase. As at 31 October 2025:

  • The median value for Houses in Paynesville is $603,970 while the median value for Units is $374,388.
  • Houses have a median rent of $500 while Units have a median rent of $380.
There are currently 101 properties listed for sale, and 11 properties listed for rent in Paynesville on OnTheHouse. According to Cotality's data, 169 properties were sold in the past 12 months in Paynesville.

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.